Three basic orders
| Type | Mechanism | What to check |
|---|---|---|
| Market | Matches available liquidity | Slippage, partial fills and price protection |
| Limit | Fills at the limit or a better price | Touching the price does not guarantee a full fill |
| Conditional | Activates a market or limit order at a trigger | Trigger reference and subsequent order type |
Sources: Bybit — Types of Orders
Why a limit order can pay taker fees
Hypothetical example: with a best ask of 100 USDT, a buy limit at 101 USDT can execute immediately against existing asks. Maker/taker treatment depends on adding or removing liquidity. These figures are illustrative, not current prices.
Bybit cancels a post-only order that would execute immediately. This restricts it to resting in the order book; it does not guarantee a fill. Confirm the actual fee in your account.
Sources: Bybit — Order Execution and Liquidation FAQBybit — Post-Only Order
Closing instructions and unintended positions
Reduce-only is intended to decrease an existing position. It helps prevent a remaining take-profit order from opening an opposite position after the original position has closed. Quantity adjustment, cancellation and supported order types depend on venue rules.
Sources: Bybit — Reduce-Only Order
Reviewing an unexpected order result
- Record the order ID, timestamp, contract and side.
- Identify whether the trigger uses last, mark or index price.
- Separate triggered, rejected, canceled, partially filled and filled statuses; check execution fees.
- Review time-in-force, post-only, reduce-only and the cancellation reason.
Questions and answers
Why did my limit order remain unfilled after the price touched it?
A displayed price does not establish that liquidity reached your order. Check queue position, available quantity, restrictions and actual execution records.
Does a triggered stop fix my final loss?
No. Executed price, quantity and fees affect final P&L. A stop-limit order may remain unfilled after triggering.
Official sources and review scope
The official documents below were reviewed on the stated date. Rules may change and your account records remain necessary to investigate a specific event. Hypothetical examples are our explanations.